Tourism Finance Corporation of India Limited has informed the Exchange regarding 'Record date for sub-division/ split of equity shares'.
TFCILTD · price
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Tourism Finance Corporation of India has fixed Friday, September 19, 2025, as the record date for the sub-division of its equity shares. Each existing equity share with a face value of Rs. 10 will be split into 5 equity shares with a face value of Rs. 2 each. This stock split was approved by shareholders at the 36th Annual General Meeting held on August 21, 2025. Investors who hold shares as of the record date will be entitled to the split shares.
The stock split will make the share price more affordable and improve liquidity by increasing the number of shares available. The total value of holdings remains unchanged, but the lower per-share price may attract more retail investors.